P1racenews AI automatic summary:
F1's remaining cost cap loopholes are closed for 2024, says Brown
All teams in Formula 1 have received Certificates of Compliance from the FIA confirming that they did not exceed the cost cap limit in 2022, putting an end to rumors of potential rule violations. One area of focus has been teams’ non-F1 activities, with suspicions that some teams were using IP outside of the cost cap to aid in car development. The FIA issued a technical directive, TD45, earlier this year stating that IP transfers from non-F1 work to the grand prix team must fall within the cost cap. This change is expected to create a more level playing field for teams. While there were suspicions of rule breaches, all teams passed the compliance checks, giving confidence in the thoroughness of the FIA’s investigation.
Source: motorsport
